Prepayments Rebound from All-Time Low
Overall Mortgage Delinquencies Inch Up As 30-Days Late Payments Rise Black Knight, Inc. (NYSE:BKI) reports the following “first look” at February 2023 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 3.45%Month-over-month change: 1.96%Year-over-year change: -12.56% Total U.S. foreclosure pre-sale inventory rate: 0.46%Month-over-month change: 0.81%Year-over-year change: 15.18% Total U.S.
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